Technical analysis by fereydoon1199 about Symbol BTC: Sell recommendation (3/10/2025)

fereydoon1199

Hello dear traders,Here’s the latest update on the Bitcoin chart along with potential reversal points and zones. If there are any changes this week, I will update the chart again and present it to you.Market StatusCurrently, we are in a daily descending channel, and the low point is below our expectations.Key Points for AnalysisExit Points for Trades or Short Positions (4-Hour):Resistance: 86,897.25Daily Liquidity: 102,500.01Ideal Time to Sell with Confirmation: 105,250These resistance points provide us with the best selling opportunities, but it's essential to pay attention to the necessary confirmations. A candlestick pattern is one of the best confirmations to consider.Order Flow (4-Hour): 71,632.95 and 66,835This temporary buying zone can offer a good profit opportunity during this downturn and is suitable for short-term buying.Daily Support: 69,388.62If we receive confirmation, this level will serve as a strong support.This analysis has been drawn up simply and clearly for your convenience, dear followers.Wishing you all success!Fereydoon BahramiA retail trader in the Wall Street Trading Center (Forex)Risk Disclosure:Trading in the cryptocurrency market is risky due to high price volatility. This analysis is solely my personal opinion and should not be considered financial advice. Please do your own research. You are responsible for any profits or losses resulting from this analysis.